Oil Pipeline to North Coast is a GO and Tanker Ban is dead.
TEXT Version: Smith said she got Carney to back down on most of the Trudeau-era “nine bad laws,” as she calls them, that restricted oil and gas development in Alberta. Carney, meanwhile, says he got Alberta to buy into the Pathways carbon capture project to try and decarbonize the oil pumped out of the province. He also got a commitment from Alberta to hike its industrial carbon price, which wasn’t a sure thing before today. Importantly, both are framing this as a win for national unity. Smith said Carney has tamped down Alberta separatism with this move to unlock the province’s oil and facilitate a new pipeline to tidewater. Carney says this is an example of “co-operative federalism” at work. What’s to be seen is just how co-operative both sides will be with B.C., where Premier Eby has raised red flags about a pipeline to the northwest. Today’s bilateral memorandum of understanding does include a commitment to somehow cut B.C. in on what are expected to be substantial economic benefits from such a project, but how exactly that will be done is very much TBD.
Reaction was swift, imagine this “potty mouth” in our BC Legislature. Here is Emily Lowan’s reaction to the announcement.
